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Deferred Pension

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Fulpostie
Posts: 29
Joined: 18 Jan 2016, 17:31
Gender: Male

Deferred Pension

Post by Fulpostie »

I have a plan C deferred pension that I can have when I reach 55 this June,will there be a lump sum and a monthly payment available to take or will it be just the monthly payment ?
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Deferred Pension

Post by RobertT »

As a section C member you don't get a lump sum as standard, but you do get the option of giving up some pension to get one.
Links to all RM pension related websites are here
Fulpostie
Posts: 29
Joined: 18 Jan 2016, 17:31
Gender: Male

Deferred Pension

Post by Fulpostie »

Thank you Robert.